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20121113
20121113
Search Results 0 to 14 of about 15 (some duplicates have been removed)
year. that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president's right that -- and i've said this for a long time -- that we have to look at both revenues and spending. but there needs to be compromise on both sides. >> woodruff: but mcconnell said the president needs to put a proposal on the table if any agreement is going to pass. >> the time for the president to lead is now. that means offering a concrete plan that takes into account the fact that half the congo poses tax hikes. >> woodruff: on the democratic side house minority leader nancy pelosi rejected calls by some in the party who have argued for letting the country go over the cliff to get a better deal. >> i want you to be disabused of any notion that there's any widespread thought that it would be a good as a country for us to go over the cliff. we want an agreement. we want an agreement. >> woodruff: law m
candidates. but romney was beaten with a tax plan not dissimilar from the one boehner is currently pushing which is we won't allow taxes to go up, but we will close loopholes and romney lost on that. so there is a sense that obama for the short term has won the argument. >> granted it's a huge issue, but how many people was this election really a verdict on their tax plans? >> well, the argument is that romney often polled very well on competence in the economy, but obama polled much better on understands the needs of people like me. so there's a sense that if it comes down to class and empathy, the democrats have momentum here and the republicans are on the back foot. so in that sense, i think obama has an advantage. on the other hand republicans do have a good case to make when it comes to taxes because something that's not often discussed is that the costs of obama care will start to kick in in 2013. one example, businesses which hire 50th notice ewill face a fine of $40,000 if they don't take on government approved health care insurance. so republicans can argue that when we approach t
hurt. >> house speaker john boehner said the only way they will talk revenue is entitlement reform. republicans said what they want from a president is a serious proposal. >> when it comes the great economic challenges of the moment, saying that you want a balanced approach is not a plan. saying people need to pay their fair share isn't a plan. >> business executives come to the white house. a number of other ceos will be here all the way up to that have my meeting with congressional leaders, democrats and republicans coming to the white house to meet with the president on friday. david: thank you very much. chances are if you look something up online you have used wikipedia. coming up, wikipedia cofounder, jimmy wales joining liz claman at the cme global leadership conference. this is an exclusive you do not want to miss. moody's warning of big downgrades. find out which ones and why coming straight up. [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enou
spoken by the american people. i think that speaker boehner, on the conversation that he had recently, shows that he is ready to move into a different direction. i think that he was ready to make a deal before. but his confidence was such i believe held to grover norquist that they couldn't move on the revenue. >> has that changed? has that changed? >> i think so. the fact that the president was reelected, the fact we have gaped seats in the house, the fact that we are two years from another election, i think that has changed. the fact that a lot of the tea partiers have lost or in very lee election and/or two years of experience. have to understand there is a real compromise in working together in trying to get something done. and i have confidence as a result that we will get something done. >> let's talk a little bit about the tragedy that befelled much of your district in keeps, the rockaways and many of those folks out there. are customers of line park the long island power authority what is your message to lipa today? are you satisfied with their response? >> no, their response
engaged and motivated to keep making the case. now, i do think that speaker boehner did say that he was open to new revenue, it is an open question about how many folks in this caucus will be. there are a lot of republicans, tom coburn, the rock-ribbed conservative senator from oklahoma has also been very open about it. so i think that you are seeing some people who are very firmly on the political right who are saying that, "look, we're willing to give an ih on revenues iwe c also ke some reforms on the spending side." >> i think we're missing the point when we look at the political parties. we should keep our eye on what's happening to working families. and working families have been hurting since at least the 1970s. and they've been hanging on by, you know, one manner or another that is really not fundamental. the fundamental way families make money is through work and savings and buying a home and accumulating wealth. but what's been happening is that first you had wives and mothers that went into the workforce. now, ultimately this was a good thing for women to be inhe workforc
of the year. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of repub
this to be a juicy story as opposed to writing about white house budget negotiations with john boehner, particularly in the last 12 hours as we have learned about an fbi agent who was investigating the case initially who sent a shirtless photo of himself to one of the women involved and now these 30,000 e-mails, suspect e-mails between the general who had been commanding the war effort in afghanistan, general allen, and jill kelley, one of the women involved in this, which make me ask the question, when does he have time to run the war? >> right, right. i want to ask you, too, watching pictures of the white house in the briefing room and jay carney's going to step up to the podium, get a lot of questions, you can bet a lot on the scandal and the implications and this certainly has to be quite a distraction, to say the very least, the white house. how do they get on top of this? how do they get ahead of the story in some way? clearly they're not going to want the president to deal with these questions tomorrow at the press conference. >> well, it's inevitable, you can put money on it president obama
between now and the first of the year. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting next to each other? >> yes. >> and what did you learn from that? >> well, i think that -- what can you say? they don't strike me as two guys that are -- can sit down in a room over a whiskey and kind of work things out. they're very locked in their ways and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the qu
coming together, and boehner used the term "comprehensive immigration reform," and so the prospects are better than they were certainly before the election, and they look better than they had. with regards to mexico, i personally don't think there's any issue that is more important for the quality of the relationship at this point. it's one of those issues that is behind sens, whatever issue one's talking about, you know, for many in mexico, not just u.s. immigration policy annoying and irritating, but offensive, the fence, the walling in, the way imgrants, largely mexican communities are talked about, and this would, if there is a policy shift in any major way, i think, would have an important impact. more as important, however, i think if one looks at the immigration issue, and i'm not going to go into details now, but it's also an economic issue. i mean, immigration and manuel will probably talk a little about that as well, but in other words, just the fact is that if you can bring 6 million mexicans out of the shadows and pried some legal status to them, they should earn more mo
week. host: "the baltimore sun" has a story, "boehner ways next moves." this is from "the wall street journal." "post office hint of gop path." host: "she fit a profile." so, more on leadership, which both sides will be voting for this week when they return to washington on who will be their leaders. so, we will continue to watch that story for u.s. well. part of the mix to avoid the fiscal cliff is these jobless benefits. that is the headline in the politics and policy section of "the washington post." "over 2 million americans could lose their jobless benefits before the end of the year." host: susan, michigan, what do you think? should we cut medicare and social security? caller: absolutely not. absolutely not. host: why not? caller: i am a woman who has finally reached the age of social security. all the years the work, this money was taken out of my paycheck. i was told from a very young age that when i reached a fine age of the period where you retire and you can get social security, that all the money that i paid in would be refunded to me. this money is not to be touched, not
can tell you that the guys in the house and boehner, they really want to do this, this limiting deductions, limiting loopholes, raising effective rates, but lowering nominal rates. they want to do it that way but the president may say no and those guys in the house will say no and we might, it might happen. >> it might, but look, this is a leadership moment. we have a a leader who now has second term. he's a president. he's a fascinating individual in many respects. he's part of the problem. >> what gives you any indication he'll lead in this case? >> maybe he'll wake up to the fact that he has a chance to cut through the polarization and leave a winning legacy. this is his chance to rise above. give him a button. >> there you go. thank you for that, steve. we have more ahead from steve. coming up, we're going to talk about several stocks on the move ahead of the opening bell. we'll get down to "mad money's" jim cramer. "squawk on the street," jim cramer right after this. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker
of the fact that they're worried about what's not going to happen. after the election, boehner came out, thought he'd move some, and then obama came out the next day, and in the early part of his speech, he looked good. and all of a sudden he starts digging in. if you look at what the stock market did, it immediately dropped. came back a little bit that day, but immediately dropped. that's what's in people's minds and it's scaring the heck out of them. we have to have some solution. >> when we look to europe, it's a very similar scenario. we have all these issues revolving around greece and maybe to a lesser extent, spain, and it seems about the same dynamics. that it isn't results oriented, it's idle the car and hope things get better while you're sitting in there, hunkered down. >> that's absolutely the case. they have been spinning their wheels. fortunately for us, we've gotten away from the european situation, somewhat. because it looks like our economy can gain some traction. but it's immediately going to grind to a halt if we don't see something. >> you know, there's one area, the
they wanted some elaboration since they are very accomplished boehner, and i think we're going to kick it off with monique. >> thank you. i have my notes on a powerpoint, but there are no charge to give you can see them it's okay. it's basically notes to myself. but my time is avoiding a not so grand bargain, and actually jamie galbraith using algae that ask what he is which is you're getting the hard sell from osgood is a timeshare. he said condit. you could say regular, you could say car dealer. but his point was that a lot of other people have mentioned this that when you're getting the heart so it's time to stop and think. i would go a little further and say when you're getting the heart so, you know you're not getting the best deal you can. so effective don't stop and think, walk away, see what happens and then come back. and my particular focus, even though historically i look at the reserves and these days it's been a lot on retirement and social security. so i'm particularly concern of social security. i thought it's going to be taking the last, the last slot. and so i've sort of, i w
Search Results 0 to 14 of about 15 (some duplicates have been removed)